Author: Emily

An exchange and sharing event was held on Friday, 24 July, in collaboration with the Federation of Hong Kong Innovative Technology and Manufacturing Industry (FITMI). The event aims to foster collaboration between CityU’s research teams and FITMI members to translate research outcomes into real-world applications and create win-win results. The grand gathering brought together 100 industry leaders and 30 university professors. This marks the kick-off of CityUHK Leaders Circle’s partnership with major trade associations. The Circle will continue to roll out cooperation initiatives with other chambers of commerce and organisations to accelerate the industrialisation and commercialisation of research achievements.

 As an international hub for business and innovation, Hong Kong boasts a vibrant industrial ecosystem. Meanwhile, City University of Hong Kong, a world-class top institution, delivers outstanding research capabilities. In today’s fast-changing landscape, neither the industrial sector nor academia can tackle complex challenges and market shifts alone. Enterprises rely on continuous innovation to sustain competitiveness; universities, in turn, need industrial resources, up-to-date market intelligence and professional industry feedback to effectively translate research outputs and address real societal demands. This underscores the vital role of trilateral industry-academia-research collaboration in advancing the rollout and development of innovative technologies. 

Looks forward to joining hands with the industry to drive technological innovation, nurture talent, and deepen the integration of scientific research and commercial applications for mutual benefits.

The Hong Kong New Industrialisation Development Alliance (HKNIDA) serve as the implementation agent of the “New Industrialisation Elite Enterprises Nurturing Scheme” (NIES) at the advice of the Government and held a launch ceremony to promote and introduce the scheme details to the industry,  attracting 100 industry leaders to join the event.

Dr Steve Chuang, Chairman of the Hong Kong New Industrialisation Development Alliance, said, “The national 15th Five-Year Plan emphasises deep integration of scientific and technological innovation. As a collaborative platform integrating Government, industry, academia, research and investment sectors, the Hong Kong New Industrialisation Development Alliance is committed to supporting Hong Kong’s development of high-end manufacturing and facilitating the practical application and realisation of R&D outcomes. I am confident that the Alliance’s network and platform can be organically combined with the NIES to propel Hong Kong’s new industrial development to a new milestone, hence consolidate and strengthen the foundation of the real economy.”

The “New Industrialisation Elite Enterprises Nurturing Scheme” was proposed in the 2026-27 Budget by the Financial Secretary to nurture emerging and future industry by focusing on support for high-growth enterprises that develop their businesses in Hong Kong and contribute to the local development of new industrialisation.